Search Google

5/20/20

VW ends latest Dieselgate case against CEO, board chairman with $10 million settlement

Filed under: ,,

Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees the rollout of a new generation of electric cars. CEO Herbert Diess and Chairman Hans Dieter Poetsch were charged in September with failing to tell investors in time about the company's looming diesel scandal in 2015. Prosec

Continue reading VW ends latest Dieselgate case against CEO, board chairman with $10 million settlement

VW ends latest Dieselgate case against CEO, board chairman with $10 million settlement originally appeared on Autoblog on Wed, 20 May 2020 08:17:00 EDT. Please see our terms for use of feeds.

Permalink |  Email this |  Comments

from Autoblog https://ift.tt/3bPppWb

0 التعليقات:

Post a Comment

Search Google

Blog Archive